r/HighTideInc

Nice reminder from TDR interview.

Thought I'll share, nice summary of the TDR interview, was full of little information like that. Go check it out if you haven't yet.

https://m.youtube.com/watch?v=8mi0NKn-cLM&pp=iggUQAFKEEZaTUpUS2pZQ294X0l2bUc%3D

Raj Grover, CEO of High Tide (NASDAQ: HITI), joins the show after releasing preliminary Q3 fiscal guidance — and the numbers point to another record quarter for the company.

Timestamp and link to channel: 1,14:23

https://www.youtube.com/watch?v=lDgZru9RH-c

TD Cowen has a new High Tide update out! $HITI.

RATING Buy, C$6.50 price target.

Only 3 Ev/ Ebitda 2028 .

The continued improvement in profitability and cash flow per share should drive greater interest from institutional investors.

High Tide is at a C$750 million run rate. @ C$188/quarter now.

--June SSS growth is back and positive.

--The core message was clear: discipline, patience, and maximizing long-term shareholder value rather than pursuing growth at any cost.

--Management is focused on sustainable cash

flow growth, margin expansion, and disciplined execution, which we believe should support

stronger institutional ownership and a valuation re-rating over time.

--Management is open to monetizing e-commerce assets, remains patient on the U.S., and continues to pursue Canadian retail growth only where site economics and returns are attractive.

Don't feel this has been shared in the subreddit, just noticed it myself and thought I'll share, another step towards increasing the UK footprint.

I'll remove this post if it's already been mentioned.

You guys think the order numbers are randomized , or their systems promptly tracks them, and if that’s the case on what timeline do the orders reset? 🤔